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Evolution of Islamic Financial Products and Services

In: Islamic Financial Products

Author

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  • Mohd Ma’Sum Billah

    (King Abdulaziz University)

Abstract

The promising arena of Islamic corporate application and governance has caught the attention of both Muslims and non-Muslims, with equal participation in establishing and offering competitive and sound Islamic financial products. Resulting from this phenomenon, besides having almost 300 entities of full fledged Islamic financial providers in today’s world, almost all conventional potential players are also offering Islamic financial products through the establishment of segregated windows and divisions respectively, by adapting suitable mechanisms of Shari’ah compliance.

Suggested Citation

  • Mohd Ma’Sum Billah, 2019. "Evolution of Islamic Financial Products and Services," Springer Books, in: Islamic Financial Products, chapter 0, pages 33-41, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-17624-2_3
    DOI: 10.1007/978-3-030-17624-2_3
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